the value of a machine depreciates every year by 20% of its value at the beginning of the year if the present value of the machine is rupees a6400 calculate the value of the machine after 2 years 2 years ago
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Answer:
After 2yrs = 3,840.
Before 2yrs =8,960
Step-by-step explanation:
Depreciation of machinery is 20%.
6,400 * 20%= 1,280
Therefore,
After 2yrs value of machinery is
=6,400 - 2(1,280)
=6,400 - 2,560
= 3,840
And,
Before 2yrs value of machinery is
=6,400 + 2(1,280)
=6,400 + 2,560
= 8,960
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